Short positions from October 12 last year to April 13 this year went up 6M. 9m to 15M.
The price between those dates was 44C high to 33C low on the ASX
Share price has doubled from May to Now and shorts have gone from 15M to 19M. Up another 4M.
Maybe if they keep going at that rate with the SP going up they just might get to 100% lol...
Is there some sort of arbitrage play here were they are short the US and long the Aussie markets?
Cheers
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